On Friday, the Nifty50 rallied 0.74 percent to close at 11,426.85, taking total gains to more than 5 percent in March.

Foreign institutional investors turned bullish on India in second half of February when the hope for stable government increased. They, so far, net bought more than Rs 36,000 crore worth of shares in February-March.

On March 15, the market saw highest FII net inflow at Rs 4,323 crore (provisional), since February 22, 2019.